| SOXL latest price $15.6800 (4.46%) ($14.6500 - $15.7700) on Fri. Mar. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.27% (three month average) |
RSI | 50 |
Latest Price | $15.6800(4.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.9% a day on average for past five trading days. |
Weekly Trend | SOXL declines -5.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(88%) XLK(85%) QQQ(82%) IWF(77%) VUG(77%) |
Factors Impacting SOXL price | SOXL will decline at least -3.135% in a week (0% probabilities). VIXM(-46%) UUP(-16%) VXX(-14%) EDOC(-14%) SHY(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.135% (StdDev 6.27%) |
Hourly BBV | 2 () |
Intraday Trend | 4.2% |
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